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Navigating the Baltic Market - workforce, talent acquisition and recruitment solutions

Žilvinas Akelis –Country Manager Baltics

The labor markets of the Baltic States – Estonia, Latvia, and Lithuania – have undergone significant transformations over the past decade. These changes have been influenced by various economic, and social factors and also have been driven by technological advancements, that shifted economic conditions, and made an impact on evolving workforce expectations. Nevertheless, because of the quick adaptation and flexibility that these markets have to offer, Baltic countries became attractive markets where various kinds of businesses want to invest.

Gi Group Holding in Baltics recruitment services launch

One of the key features of the Baltic labor markets is their flexibility. This flexibility has been crucial in adapting to economic situations and maintaining competitiveness. The Baltic countries have implemented various labor market reforms to enhance flexibility, including changes in employment protection legislation and the promotion of flexible work arrangements. „Gi Group Holding has achieved a perfect local presence in every country – Lithuania, Latvia, and Estonia. After years of organic growth and acquisitions, we are finally able to cover all three markets equally strongly <....> and now it is time to improve our value proposition to the clients that prefer a single solution for three Baltic markets – one point of contact, unified project management, extended resource base, and, of course, globally tested solutions“, – adds Žilvinas Akelis, Country Manager Baltics. "Moreover we never forget that differences matter. But our clients will receive a clear picture of those differences in labor market by a thorough comparison, clear evidence, and single methodology." tech

How Gi Group Holding services can help businesses recruit Top Talents in the Baltics

The use of data analytics in recruitment has grown significantly. Recruitment agencies now leverage data to gain insights into candidate behavior, job market trends, and the effectiveness of their recruitment strategies. This data-driven approach allows recruiters to make more informed decisions, optimize their processes, and improve the overall candidate experience. This also helps to ensure that our own clients will be introduced to top talents in the market and will be able to choose the best of the best candidates to work for them. The understanding of Baltic region capacity and capabilities allows Gi Group Holding company in the Baltics to offer the best solution-based services, because we can help our clients according to their own needs. Žilvinas Akelis says: „Our solutions add value that comes with strong local experience – they are aligned on a regional level, and they are drafted using business cases from our global company. Gi Group Holding is a global player with a strong presence in local markets. And we know how to use it for our advantage when it comes to searching, find, and provide the top choice for the client.“ Nevertheless, our organization understands the value of people – our employees, candidates, and clients. “We are a service company in the human resources area. People in our company are a key component of our value. Similarly, like quality of our candidates matters most to our clients. We know this and we take care that Gi Group Holding in the Baltics should be the top team in the market – a right combination of competence, attitude, and values“, – shares Žilvinas Akelis. With this kind of attitude, the services that Gi Group Holding is offering meet the needs of both parties – clients and candidates.

Future Outlook

Looking ahead, the recruitment industry in the Baltics is expected to continue evolving in response to technological advancements and changing workforce dynamics. The focus will likely remain on leveraging technology to enhance efficiency, promoting diversity and inclusion, and addressing talent shortages through innovative recruitment strategies. And that‘s the direction that Gi Group Holding is following in the Baltic region when providing recruitment services. To be the top choice for clients and for candidates and to be an intermediary that connects them. * Gi Group Holding in the Baltics operates through "CVO Recruitment" and "Simplika" (white-collar, professional recruitment), "Gi Group Lithuania" and "Gi BPO" (blue-collar staffing) brands. [post_title] => Navigating the Baltic Market - workforce, talent acquisition and recruitment solutions [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => navigating-baltic-market [to_ping] => [pinged] => [post_modified] => 2024-07-30 07:30:50 [post_modified_gmt] => 2024-07-30 07:30:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.gigroupholding.com/baltics/future-jobs-baltics-2/ [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [1] => WP_Post Object ( [ID] => 9308 [post_author] => 74 [post_date] => 2024-06-05 09:19:51 [post_date_gmt] => 2024-06-05 09:19:51 [post_content] => News - Gi Group Holding Baltics

Gi Group Holding strengthens its position in the Baltics

Gi Group Holding in the Baltics – is a leading global staffing and recruitment company that offers a wide range of services in the Labour market. Gi Group Holding in the Baltics operates through CVO Recruitment and Simplika (white-collar, professional recruitment), Gi Group and Gi BPO (blue-collar staffing) brands. For over 20 years in the recruitment market CVO, Simplika, Gi Group, and Gi BPO are bringing expertise and solutions to the dynamic Baltics market. We ensure similar capability of services across all three Baltic markets: centralized project management and reporting and localized candidate search and selection according to the business needs. As a part of Gi Group Holding – a global ecosystem of integrated HR services, we understand that finding the right talent, whether blue-collar specialists or white-collar professionals, can be a challenge in any business. Our group of companies is more than just recruitment - we offer a complete solution. Our deep understanding of the Baltics market allows us to provide a consultancy approach tailored to the client's specific needs. We develop a strategic talent acquisition plan that aligns with the company‘s goals and our experienced team leverages their extensive network and market knowledge to find the perfect candidates quickly and effectively. Gi Group Holding in the Baltics offers benefits for both clients and candidates, and we are proud that our global connection provides an added advantage. For our clients, we help to get the right talent with specific skills needed for the company‘s success and growth. For our candidates, we help them to connect with leading companies in the Baltics and access the greatest career opportunities. Our professional team provides both, client and candidate support throughout the recruitment process and guarantees a positive experience through the search and selection process. If you looking for a recruitment partner who understands the Baltics market, prioritizes the growth of the organization, and offers recruitment solutions for business to thrive – we can bridge the talent gap together. Whether it’s temporary staffing, permanent placements, HR consulting, or advanced outsourcing services – we will help you achieve exceptional results. #ChangeLives #MoreThanWork #GiGroupHolding #Baltics Gi Group Holding Baltics

[post_title] => Gi Group Holding strengthens its position in the Baltics [post_excerpt] => Gi Group Holding in the Baltics – is a leading global staffing and recruitment company that offers a wide range of services in the Labour market. Gi Group Holding in the Baltics operates through CVO Recruitment and Simplika (white-collar, professional recruitment), Gi Group and Gi BPO (blue-collar staffing) brands. [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => gi-group-holding-baltics-news [to_ping] => [pinged] => [post_modified] => 2024-07-17 09:17:11 [post_modified_gmt] => 2024-07-17 09:17:11 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.gigroupholding.com/baltics/?p=9308 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [2] => WP_Post Object ( [ID] => 9779 [post_author] => 74 [post_date] => 2024-06-04 09:19:51 [post_date_gmt] => 2024-06-04 09:19:51 [post_content] => News - Future jobs in the Baltics

Future jobs in the Baltics: like elsewhere in Europe tech roles win out

Daniele Merlerati –Chief Regional Officer APAC, Switzerland, Baltics

Gi Group Holding

With the turn of the year, most of us are in reflection and planning mode. Either we’re in the process of rolling out marketing and sales plans for the new year or we’re completing thoughts on life and career changes we’d begun to have over the holiday period. So say you’re a candidate looking for new work opportunities in the Baltic markets (Estonia, Latvia and Lithuania). Which are the hot sectors looking for new talent at the moment? Gi Group Holding Baltics analysis

Tech specialists wanted

Per reports from Latvia’s Ministry of Economics, specialist technological roles will remain in high demand and the country will have to deal with a worker shortage. The government anticipates it will be roughly 9,000 people short in filling new tech roles focused on work in natural sciences, ICT and engineering. Neighbouring Lithuania finds itself in a similar situation with strong investment in the start-up space and the recent launch of Tech Zity Vilnius which looks to help new, small businesses with their strategic planning, product development and service roll-outs. The Lithuanian mindset centres around doing more with less and so innovative entrepreneurs with good ideas and passion can find support (both government and private) for new initiatives. The welcoming entrepreneurial atmosphere in Lithuania and other Baltic countries is also a draw for international talent, with skilled technicians from Belarus and Ukraine looking for work in these markets to help them grow beyond fairly limited opportunities in their home countries. Successful start-ups like Trafi, Interactio, Vinted and Mindletic are just a few examples of how backing innovation has paid off. Then, of course, there are always promising roles in Tallinn, Estonia’s and Europe’s fintech capital.

Life Sciences and R&D investment

Lithuania is a market that has benefited greatly from investment into science education. The Lithuanian life sciences sector is growing a pace and understandably attracting the attention of foreign investors who wish to take advantage of the country’s skilled talent pool. Companies like Thermo Fischer Scientific and Caszyme are active in the Lithuanian life sciences sector, encouraged by the national government’s proposed plans to invest 5% of GDP into this space by 2030. Interestingly, in Latvia, there is the possibility that demand for silver economy services will grow significantly over the coming decade. Thus businesses active in healthcare, medical research, and related social services will likely grow as the country’s population continues to age. Estonia’s economy is also marked by a shortage of experts in the healthcare sector. The government recently added a number of health- and medical-related positions to its list of 23 in demand jobs that could help foreign nationals secure work visas: doctors, nurses, physiotherapists and healthcare assistants are at the top of the list.

Future focus on adaptation and agile roles

Not all sectors have met with stable or even increasing job growth over the past half-decade. For example, in Lithuania the manufacturing sector recently hit some bumps as demand for chemicals needed for Covid vaccines slowed. Lithuanian businesses had been an important partner in supplying chemical components of the vaccines and now they are having to adjust their production focus. This will take some time and strategic planning. Economists note that for Lithuanian businesses and their employees wariness about inflation and purchasing power continue to impact consumer-worker behavior. Although prices have gone down significantly over the past year, locals are worried about future supply chain bottlenecks and energy price hikes bringing back a higher cost of living. Interestingly enough, energy sourcing concerns have inspired the government and local businesses to look into renewable energy alternatives thus suggesting new work opportunities could soon become available in this space. Meanwhile, Latvia, as noted above, is struggling with an ageing population so its investment into bridging employment and skills gaps will likely run similarly to the path neighbouring Estonia is taking in a) supporting international worker mobility to attract inbound talent and b) providing targeted work visas to help address temporary worker shortages. Like elsewhere in the world, the Baltic nations are moving through a period of economic transformation and upheaval. As markets and demand for skills and services evolve, businesses and their employees will have to find ways to match knowledge and skills to markets impacted by new technologies (AI, automation) and shifting product demand. As I’ve noticed in other commentary in our industry, and this is a premise with which I tend to agree, future roles will require candidates to work based on more broadly applicable and transferable skills sets. Our markets in the Baltic countries are no exception. Skills training and upskilling will be critical in coming years so it’s time to prepare ourselves. In fact, we needed to begin yesterday. [post_title] => Future jobs in the Baltics: like elsewhere in Europe tech roles win out [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => future-jobs-baltics-2-2 [to_ping] => [pinged] => [post_modified] => 2024-06-04 09:19:51 [post_modified_gmt] => 2024-06-04 09:19:51 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.gigroupholding.com/baltics/future-jobs-baltics-2-2/ [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [3] => WP_Post Object ( [ID] => 9266 [post_author] => 74 [post_date] => 2024-01-31 11:14:57 [post_date_gmt] => 2024-01-31 11:14:57 [post_content] => News - The Future of Work

The Future of Work: Exploring Trends in HR Industry for 2024

The future of work, as unveiled in 2024, beckons a landscape where adaptability is paramount, skills are prized, and the workplace becomes a dynamic canvas for the unfolding of a new professional narrative.

The workplace as we know it is undergoing a radical transformation, driven by technological advancements, global shifts, and changing societal expectations. The future of work is dynamic and multifaceted, influenced by technological, social, and environmental factors. As we step into 2024, the evolving employment landscape presents both challenges and opportunities.

The emphasis on skills is reshaping hiring paradigms, with online learning platforms and skill-based certifications taking precedence. Simultaneously, the omnipresence of artificial intelligence and automation is not only automating certain roles but also fueling a demand for skills in AI and machine learning.

Adapting to these trends, staying agile, and embracing continuous learning will be key for individuals and organizations navigating this transformative era. In this blog, we'll delve into the key trends shaping the employment landscape for 2024 and beyond.

Emphasis on Skills Over Degrees

The future of work is increasingly placing value on skills and competencies rather than traditional degrees. Online learning platforms and skill-based certifications are gaining prominence as individuals seek continuous learning to stay relevant in their careers. Employers, too, are recognizing the importance of a dynamic skill set over formal qualifications when making hiring decisions.

Artificial Intelligence and Automation

Artificial intelligence and automation are reshaping job roles and creating new opportunities. While some jobs are being automated, there is a growing demand for skills related to AI and machine learning. Companies are investing in upskilling their workforce to harness the potential of these technologies, leading to a paradigm shift in the types of skills deemed essential for the future.

Diversity, Equity, and Inclusion

The workplace is evolving towards greater diversity, equity, and inclusion. Companies are reevaluating their hiring practices, promoting inclusivity, and fostering a culture that values diverse perspectives. As awareness grows, businesses are recognizing the benefits of a diverse workforce in driving innovation and maintaining a positive corporate image.

Gig Economy and Freelancing

The gig economy is thriving, providing individuals with the flexibility to choose when, where, and how they work. Freelancing platforms are connecting businesses with a diverse pool of talent, transforming the traditional employer-employee relationship. However, this shift raises questions about job security and the need for evolving labor laws to accommodate this dynamic workforce.

Employee Well-being and Mental Health

In the pursuit of a healthier work environment, companies are placing a greater emphasis on employee well-being and mental health. Flexible work schedules, mental health days, and wellness programs are becoming integral parts of corporate culture. This recognition of the link between employee well-being and productivity signals a

positive shift in workplace dynamics.

Conclusion:

he future of work, as unveiled in 2024, beckons a landscape where adaptability is paramount, skills are prized, and the workplace becomes a dynamic canvas for the unfolding of a new professional narrative.

About Gi Group Holding

Headquartered in Milan, and with over 6000 employees, Gi Group Holding is active in more than 100 countries, thanks to its direct presence and strategic partnerships. Through its key brands, the company provides a full and comprehensive suite of recruitment and HR solutions to more than 20,000 companies worldwide, generating revenues of €3.2 billion*, and making it both the 5th largest recruitment and HR Services company in Europe, and the 16th largest worldwide. Gi Group Holding is uniquely committed to the creation of social and economic value for both employers and candidates alike. Called “More than Work”, the Group’s aims are two-fold: firstly, to ensure that employees experience enjoyable and life-changing work environments; and secondly, to enable a sustainable, streamlined, and harmonious labour market for employers and employees alike—one that reflects the ever-changing needs of candidates and companies. gigroupholding.com. [post_title] => The Future of Work: Exploring Trends in HR Industry for 2024 [post_excerpt] => The workplace as we know it is undergoing a radical transformation, driven by technological advancements, global shifts, and changing societal expectations. The future of work is dynamic and multifaceted, influenced by technological, social, and environmental factors. [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => the-future-of-work-2024 [to_ping] => [pinged] => [post_modified] => 2024-06-05 09:55:50 [post_modified_gmt] => 2024-06-05 09:55:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.gigroupholding.com/baltics/?p=9266 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) )

Baltics insights - 29/07/2024

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